SHIB/USDT – 1H – BUY

The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline up.

A bullish trend upwards to the next resistance at 0.000013180 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.000012240 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.274504E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000013180 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000013180 – 0.000013680 – 0.000014380 – 0.000012240 – 0.000012890 – 0.000013890 — 45.751800342636 – 46.594207376189

Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Northern Doji – Triple top chart pattern –